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Capital and Revenue Expenditures Quality Move Company made the following expenditures on one of its delivery trucks: Mar. 20 Replaced the transmission at a cost
Capital and Revenue Expenditures Quality Move Company made the following expenditures on one of its delivery trucks: Mar. 20 Replaced the transmission at a cost of $3,250. June 11 Paid $1,240 for installation of a hydraulic lift. Nov. 30 Paid $79 to change the oil and air filter. Prepare journal entries for each expenditure. If an amount box does not require an entry, leave it blank. Mar. 20 June 11 Nov. 30 Check My Work Previous Next
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